It should get OP a ban. What’s the point of defederation if someone from .ml is just going to bring all that shit here?

Yes it’s very remunerative. But have you stopped to consider it could be even more so? /s

Great idea!

Just make sure it’s not anywhere near me.

/s

Yeah, breaks your heart, don’t it?

You’re not misunderstanding at all. Opportunity cost is that simple.

If I can get 5% guaranteed on a government bond, and my buddy needs some help to get out of a jam (and I’m as sure as I can be he’ll pay me back) and he offers me 3%, if I give him the money I’m not doing a nice thing and making 3%, I’m an idiot that’s losing 2%.

At least according to the people that can only think of more more more.

It doesn’t always have to be greedy though. If you’ve got money you don’t need anytime soon sitting in your checking account doing nothing what your missing out on by not at least putting it in an interest bearing account is opportunity cost.

First of all, fuck landlords and double fuck people that buy up single family homes to rent out. This is not an endorsement, just a basic explanation of opportunity cost for anyone interested.

Fuck landlords, in case you missed the first one.

Now that that’s out of the way, opportunity cost is what you lose by not doing something else with your capital.

For example:

You assume you could make an average of 10% a year in the stock market.

You have 100k equity in a rental property.

You collect rent, after paying the mortgage, taxes, maintenance, and any other expenses you make 10k in a year.

That’s 10% of your 100k in equity, the same you estimate you’d make in the market, no opportunity cost.

Some number of years later between paying more of your mortgage and increase in the value of the property you have 500k in equity.

You only increased rent enough to cover increases in taxes, maintenance, and other expenses so you still only make 10k a year.

That is now 2% of your 500k in equity.

The 8% difference between the 10% you think you could make in the stock market if you sold the place and the 2% you’re getting without jacking up the rent, is the opportunity cost.

Of course there are more things to take into account, this is just to give you a basic idea.

Fuck landlords.

Am I missing something, or is it not possible to criticize the media’s obsession with attractive white girls without calling a person in a hospital after being beaten and probably gang raped stupid for no reason? You fucking piece of shit. See how I had a reason there?

Adagio.com

From cheap to very expensive and everything in-between. Big resealable bags to get the per cup price down. Having a couple small canisters you can refill from the bags makes it so you don’t open the big bags too often, if you did it every day it would probably get stale.

A very generous reward program that basically gets you 10% back.

And they always give me a few samples with each order. I’ve been turned on to some new stuff that way.

I usually get a few big bags of my staples (which are medium price) and some smaller weights of nicer stuff for when I want a really good pot.

For the sake of anyone in the future that might be subjected to the inane bullshit that issues from your deficient mind, I really hope you do feel that way. Sometimes valuable lessons are hard to hear. Good luck applying them, I’m sure everyone in your life would appreciate it.

I’m not trying to win by insulting you, I’m doing that because you deserve it. You should feel bad about what you are. If you feel shame for it maybe you’ll keep your mouth shut like a good little halfwit instead of vomiting out bullshit that might influence others to make a bad decision.

You can’t win so you keep putting words in my mouth. I never said mortgages are a risk and I absolutely didn’t say they were a loss in value. I’d say I didn’t know where you’re getting that, but it’s probably right out of your ass like everything else. I not saying now that there aren’t risks involved in buying a house but I never said there were, because that’s not what I’ve been talking about. I’ve just been refuting your nonsense about home equity as it applies to net worth and the rate you gain equity after buying.

In case you forgot, once again:

You said you have to pay off 50% of a house before it’s positive to your net worth. That’s not just wrong, it’s dumb as fuck.

You said it takes years or decades to break even selling a house. That’s not just wrong, it’s dumb as fuck.

Are you mentally impaired? Like diagnosed? I don’t want to make fun of you if you are, that would be mean.

Stop putting words in my mouth and stop moving the goalposts.

You said you have to pay 50% of your mortgage before a house adds to your net worth. That isn’t just wrong, it’s dumb as fuck.

You said it takes years or decades to be able to break even selling a house. That’s not just wrong, it’s dumb as fuck.

Whether or not is a smart idea for a particular person to buy a particular house or if it’s a good idea to invest in real estate vs something else are different discussions. I would bet it’s a bad idea for you because you seem unable to grasp even the most basic concepts.

But if you want to pretend you’re arguing with someone who says buy a bunch of houses and leave them empty to make money and ignore all the braindead shit you said so you can tell yourself you’re right, go for it. I hope that attitude takes you far in life.

Bro, you need to take the L here.

I’ll ignore you obviously having no idea what net worth means and trying to move the goalposts from your dip shit 50% comment again and just say this:

Even in a buyer’s market where the seller pays their realtor fees, the buyer’s realtor fees, and closing costs, you’re talking 7-8% tops, and I’m being generous here. If your home hasn’t decreased in value and it takes you decades, or even just years, to have 7-8% in equity, you are a class-A fuckup.

I wasn’t taking about that guy, he said he’s underwater.

I was responding to your bullshit about needing to pay off 50%+ for your home to be a positive to your net worth.

“New mortgage” doesn’t matter, as soon as you make the down payment, before you make a single mortgage payment, as long as the house hasn’t decreased in value you have equity and that adds to your net worth.

As long as you can sell and have $1 left over after leins and expenses, it adds to your net worth. It’s the value of the home less any leins, not your equity less any leins when determining what it means to your net worth.

TF you talking about? You use the whole price of the asset for net worth. If your mortgage is $1 less than what you would get from selling it that’s +$1 to your net worth.

If your house sells for 500k after expenses and you owe 300k you don’t just get the 200k and still owe 300k. The lein holder gets their 300k and you get 200k.

My house is worth ~1.8mm and I owe ~140k, that’s +1.66mm to my net worth. Even if I owed 1mm, I’d have +800k.

Unless the house is worth less than you owe, having a house with a mortgage isn’t a negative to your net worth.

There is almost no gold in it. 18k gold is 75% gold by weight, not volume. Apple created an alloy that, in addition to the normal metals, is mostly lightweight ceramic.

At the time I was surprised there wasn’t a class action suit. They were charging an amount that was in line with real gold watches and yeah the “gold” part was 75% gold by weight but it was such a departure from anything else ever called 18k gold it just seemed like a straight up scam to me.

It’s hard to get a good return on your investment in residential real estate without using leverage.

For instance: You don’t buy one place outright. You buy 5 with 20% down. You may not have positive cash flow, but at long as it isn’t negative not only do you get all the increase in value, you also get more equity every month as the tenants pay your mortgages.

If you bought it outright and over some period of time the tenants have paid your entire investment and the price of the property doubles, you doubled your money. If you buy 5 and over some period of time the tenants pay your mortgage and initial investment and the properties have doubled in value you have increased your initial investment 10X. And before the big expensive renovations come in, you can sell and buy something else if you’re not equipped to deal with that.

Also if you are just breaking even to get free property but you want to start getting passive income, after a few years you can refi to a longer term and lower your mortgage payments to get in the black every month.

This isn’t advice, fuck anybody buying up single family homes to rent, just showing one way they can generate both wealth and passive income for nothing. Literally nothing if they’re using a property management company.

Fuck anybody buying up single family homes to rent. I know I already said that, but it bears repeating.

For me personally, my wife and I are probably going to stay in this house until it’s time for the old folks home so it’s just numbers that’ll never actually mean anything. If it crashes by half or more I’ll actually get a reduction to my property tax.

Let it crash, this is unsustainable. Having a secure, long-term roof over your head shouldn’t be so fucking hard.

If they’re from a “boil your water” kind of place, they also probably order steak well done, so same thing.

I think he’s saying the length of the tongue isn’t the reason they enjoy oral.

In other words, deep penetration isn’t the only way, and for some not the best way, to please a woman.

No it’s not. It’s very easy. I used to do it all the time, when necessary. It’s just not for me anymore because it’s no longer necessary.

Nonsense. I decide what I want to watch, I search for it, 99% of the time it’s available on something I have.